Category: labour market

Mar 8

‘Little to sway Bank of Canada to begin cutting rates’: Economists on the February jobs data

Breadcrumb Trail Links News Economy Wage growth still too high to bring inflation down Canada’s economy created 41,000 jobs in February, all of them full time, said Statistics Canada. Photo by Nathan Denette/The Canadian Press Article content The Canadian economy produced double the jobs forecasted by analysts, but the unemployment rate rose to 5.8 per […]
Jan 6

‘The Bank of Canada isn’t done yet’: Blockbuster jobs report means more rate hikes in store, economists say

Breadcrumb Trail Links News Economy Here’s what economists have to say about the latest jobs report and what it means for interest rates Canada added 104,000 jobs in the month of December. Photo by Winnipeg Sun Article content December’s blockbuster jobs report points to continued strength in the labour market, and indicates the Bank of […]